Guru Gyaan

Enter Buy-to-let Investment Fully Aware of the Additional Costs

With Indian property prices remaining high in the big cities, buying their own home remains out of sight for many people with average earnings. The high demand for rental property in Indian cities such as Delhi and Mumbai therefore represents a good opportunity for investment. However, becoming a landlord is not a decision to be

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Banks not ready to withdraw prepayment penalty on foreclosure

The Competition Commission has sent notices to at least 15 banks, NBFCs and IBA seeking explanation on why they penalise borrowers who choose to foreclose loans Indian banks have expressed concern over the intervention of the Competition Commission of India (CCI) on the home loan prepayment penalty issue as they fear that this would put

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